CIO OPINION
CIO opinion
“
IN THE FUTURE,
BUSINESS GROWTH
WILL ONLY COME FROM
SUBSCRIPTIONS. AND THE
ROLE OF THE CIO WILL BE
CRITICAL TO ITS SUCCESS.
/////////////////
Alvina Antar, CIO, Zuora
The new role of the CIO:
from back office to business
transformation leader
As the technology sector
innovates, CIOs must stay
relevant in their roles in order
to move forward with the
industry. Alvina Antar, CIO of
software enterprise Zuora,
provides an insight into the
ways this can be achieved for
CIOs to remain successful.
R
ecent technological advancements in emerging technologies
such as the Internet of Things (IoT), advanced data analytics
and artificial intelligence (AI) have ushered in what many
commentators are dubbing the Fourth Industrial revolution. In
combination with the integration of millennials and generations X and
Y into today’s workforce, this has created a unique global business
landscape like never before.
Consequently, businesses have been forced to rapidly adjust their best
practices to align with the acceleration of technology adoption and
the need to digitally transform. In fact, according to a recent report by
Gartner, two-thirds of all business leaders claim that keeping pace with
digitisation is a prerequisite for success in today’s economy.
That includes managing changing business models, not least the
significant shift towards subscription models that we are seeing across a
number of industries.
Take the media industry as a prime example. The move to a subscription
model has been a challenging one for the sector and it is still in the
midst of change. Recently, Google announced that it will invest in a new
suite of tools to support the necessary digital transformation of media
companies. All of this further strengthens my belief that in the future,
business growth will only come from subscriptions. And the role of the
CIO will be critical to its success.
www.intelligentcio.com
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